RY 176.57 0.438% SHOP 158.97 0.9526% TD 79.31 0.1515% ENB 61.27 0.1471% BN 84.87 -1.1646% TRI 235.65 1.718% CNQ 46.46 -3.4898% CP 106.585 0.2021% CNR 153.9 0.1627% BMO 134.58 0.3654% BNS 77.82 0.9339% CSU 4727.8198 1.6729% CM 89.33 0.0336% MFC 45.32 0.421% ATD 82.32 -0.8551% NGT 58.47 -0.0513% TRP 68.21 -0.3943% SU 53.98 -1.5861% WCN 268.6 -0.3229% L 186.66 0.1771%

Stocks under $1 Report

US and Canadian markets settled this week on a negative note, Two stocks to consider - WCU, IGC

Jul 19, 2024

IGC:NYSE
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
WCU:TSX-V
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)

Company Overview: World Copper Ltd. (TSXV: WCU) headquartered in Vancouver, BC, is a prominent Canadian resource company specializing in the exploration and development of copper resources. IGC Pharma Inc (NYSE: IGC) is dedicated to advancing therapies that target neuroinflammation, a critical component in the progression of Alzheimer's disease. By focusing on mitigating neuroinflammation, IGC-AD1 holds promise in potentially alleviating agitation, improving quality of life, and reducing the overall burden associated with Alzheimer's disease. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks. 

Global Markets Wrap-Up 

On July 18, 2024, the S&P 500 index settled at 5544.59 with a week till date loss of 1.26%; moreover, the tech-heavy NASDAQ composite declined by ~2.87% on a WTD basis and settled at 17871.22 while, the Russell 2000 settled at 2198.29, reflecting a gain of ~2.33% on WTD basis.

Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On July 18, 2024, the index closed at 578.85 with an overall week-to-date (WTD) loss of 2.50%. Real Estate and Industrials were the leading sectors, While Consumer Cyclicals, Healthcare, Basic Materials, Consumer Non-Cyclicals, Technology, Energy, and Financials were the laggards on Thursday.

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